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November 6, 2026

A brutal sell-off for AI stocks

By STAN CHOE
AP Business Writer

NEW YORK — A brutal sell-off swept through Wall Street Thursday, led by stocks tied to the buildout of AI data centers. The wipeout more than erased the U.S. stock market's gain from the day before, which was its best in three months.

The S&P 500 fell 4.4% for its worst day since President Donald Trump shook markets worldwide in April 2025 with his “Liberation Day” tariffs. The Dow Jones Industrial Average sank 1,833 points, or 3.4%, while the Nasdaq composite tumbled 5.5%.


 
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